Stuart Hockridge - Feb 20, 2025 Form 4 Insider Report for ALIGN TECHNOLOGY INC (ALGN)

Signature
/s/ Julie Ann Coletti, Attorney-in-Fact for Stuart Hockridge
Stock symbol
ALGN
Transactions as of
Feb 20, 2025
Transactions value $
-$137,850
Form type
4
Date filed
2/24/2025, 06:46 PM
Previous filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ALGN Common Stock Options Exercise $0 +2.59K +26.76% $0.00 12.3K Feb 20, 2025 Direct
transaction ALGN Common Stock Tax liability -$138K -696 -5.68% $198.06 11.6K Feb 20, 2025 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ALGN Restricted Stock Unit Options Exercise $0 -208 -100% $0.00 0 Feb 20, 2025 Common Stock 208 $0.00 Direct F1, F2
transaction ALGN Restricted Stock Unit Options Exercise $0 -227 -50% $0.00 227 Feb 20, 2025 Common Stock 227 $0.00 Direct F1, F3
transaction ALGN Market Stock Unit Options Exercise $0 -1.31K -100% $0.00 0 Feb 20, 2025 Common Stock 1.31K $0.00 Direct F1, F4
transaction ALGN Restricted Stock Unit Options Exercise $0 -419 -33.36% $0.00 837 Feb 20, 2025 Common Stock 419 $0.00 Direct F1, F5
transaction ALGN Restricted Stock Unit Options Exercise $0 -419 -25.03% $0.00 1.26K Feb 20, 2025 Common Stock 419 $0.00 Direct F1, F6
transaction ALGN Restricted Stock Unit Award $0 +2.12K $0.00 2.12K Feb 20, 2025 Common Stock 2.12K $0.00 Direct F1, F7
transaction ALGN Market Stock Unit Award $0 +4.31K $0.00 4.31K Feb 20, 2025 Common Stock 4.31K $0.00 Direct F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents par value of ALGN common stock.
F2 1/4th of the restricted stock unit granted on February 20, 2021 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date.
F3 1/4th of the restricted stock unit granted on February 20, 2022 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each such vest date.
F4 The market stock unit granted on February 20, 2022 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date.
F5 1/4th of the restricted stock unit granted on February 20, 2023 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will continue to vest annually and shares will be delivered to reporting person on each such vest date.
F6 1/4th of the restricted stock unit granted on February 20, 2024 became vested on February 20, 2025 and shares were delivered to reporting person on such vest date. 1/4th of the restricted stock unit will vest annually thereafter and shares will be delivered to reporting person on each such vest date.
F7 1/4th of the restricted stock unit granted on February 20, 2025 will become vested on February 20, 2026 and shares will be delivered to reporting person on such date. 1/4th of restricted stock unit will vest annually thereafter and shares will be delivered to reporting person on such vest date.
F8 Represents the number of shares which may be issued at target under the market stock unit. If performance exceeds target, the maximum number of shares that may vest is 250% of the at target amount. Vesting, if any, of the market stock unit occurs on the last day of the third year of the Performance Period (as defined in the market stock unit agreement).